Start free trial
Take Naologic for a spin today, no credit card needed and no obligations.
Start free trial

Gross Profit - What is the difference between gross profit and profit?


After deducting all expenditures, the remaining amount is the net profit, which differs from the gross profit. When you subtract the cost of items sold from your business's revenue, you get the gross profit.... After deducting cost of goods sold (COGS), interest, and taxes from your company's income, the remaining amount is your net profit.